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Industry
June 12, 2024
Tennessee Regulator Fines Operators over Payout and Self-Exclusion Breaches
The Tennessee Sports Wagering Council (SWC) has agreed to levy fines against sportsbooks that violated its rules. These included ZenSports, which failed to pay out winnings and Fanatics, which committed a self-exclusion-related breach. According to the announcement, the SWC understood that ZenSports did not maintain a sufficient reserve account balance for its operation. Under Tennessee’s […]
Industry
June 12, 2024
Germany Launches Comprehensive Study on TV and Internet Gambling Ads
The German Federal Gambling Authority called the Gemeinsame Glücksspielbehörde der Länder (GGL) has commissioned a wide-ranging review to measure how television and internet adverts influence gambling. The review will also assess the effect on problem gambling and vulnerable groups. Germany to Probe Effectiveness of 2021 Gambling Ad Regulations With a working title of “Gambling Advertising […]
Industry
June 12, 2024
Dutch Regulator Recovers Fines from Illegal Providers
The Kansspelautoriteit (KSA), the Netherlands gambling regulator, has successfully recovered penalty payments from two illegal gambling providers. L.C.S. Limited and Blue High House S.A. previously faced financial sanctions for offering unauthorized games of chance to Dutch players. The regulator used this opportunity to reiterate its proactive stance and willingness to pursue offenders. The Two Companies […]
Industry
June 12, 2024
New York’s Three New Casinos May Generate Money for the MTA
A couple of years ago, New York lawmakers greenlighted a proposal that called for the creation of three new downstate casinos. The expansion of land-based gambling in the state seeks to bring economic stimulus, create new jobs and generate tax revenue. Yet, there wasn’t much progress since which is a prime reason why Assemblyman Gary […]
Industry
June 11, 2024
UK: Conservative Election Manifesto Lacks Gambling References
Five years ago, in 2019, the UK’s Conservative Party released a manifesto, outlining a number of proposed changes. Those efforts played a key role in the launch of the gambling reform in the country which involved a review of the Gambling Act. Several years after the launch of the review, the Gambling Act White Paper […]
Industry
June 11, 2024
Study Shows Almost 40% of Gamblers Overestimate Risk Behavior
Bet on Awareness, the campaign with a focus on harmful gambling behavior conducted by award-winning safer gambling software Mindway AI, testing agency and standards organization in online gambling, eCOGRA, and CasinoReviews.net, has come to an end. A “Gamified Reinvention of the Self-Test” The study, which was aimed at investigating players’ gaming habits and risk assessment, […]
Industry
June 11, 2024
Singapore Hands Another Prison Sentence in Anti-money Laundering Case
Last summer, Singapore conducted a massive police operation that included raids in many locations. With the raids, law enforcement sought to dismantle a criminal organization that was involved in money laundering and illegal gambling. The police operation resulted in the arrest of 10 foreign nationals. On Monday this week, the last person out of the […]
Industry
June 11, 2024
FanDuel Dominates Virginia Mobile Sports Betting Market
April saw FanDuel solidify its position as the dominant force in Virginia’s mobile sports betting landscape. The leading sportsbook reached another milestone by surpassing $700 million in all-time revenue. Data obtained through a Freedom of Information Act request to the Virginia Lottery revealed that FanDuel continues to lead the market with impressive performance metrics. FanDuel’s […]
Industry
June 11, 2024
Police Investigate Deadly Shooting at Oklahoma’s Choctaw Casino
The Oklahoma State Bureau of Investigation (OSBI) recently detained one individual, suspected of being related to a deadly shooting that took place at the Choctaw Casino and Resort in Durant. The shocking crime took place on Sunday and resulted in the death of one man. A 20-year-old man identified with the initials A.L. was arrested […]
Industry
June 10, 2024
Sky News Host Questions Decision to Ban Betting Ads But Ignore Pokies
Sky News host Caleb Bond commented on Australia’s planned crackdown on gambling ads in sports. While there is bipartisan support for restrictions on betting advertising, Bond argued that sports betting might not be the “big evil” some believe it to be. The expectations for ad restrictions come in the wake of the Parliamentary Standing Committee’s […]
